CADCHF trade ideas
CADCHF 1:2RR ShortCADCHF is on an overall downtrend on the daily timeframe, currently trading in a range formation. RSI is strongly overbought and currently has a divergence with the previous bounce off the top of the range. Looking to short the top of this range with stop loss over 0.635, a strong resistance zone.
CAD/CHF Bullish Momentum: 0.6200 Support & 0.6295 TargetCAD/CHF has hit key support level at 0.6200 and is now trading at 0.6230, indicating bullish momentum. The pair appears to be moving within a defined channel, and there’s a strong possibility for it to rally towards the resistance at 0.6295. This upward target aligns with previous levels where selling pressure has emerged, making it a crucial level for monitoring potential reversals
CADCHF - Long Trade IdeaThis is a long idea on CADCHF.
Not a pair I trade, but just an intraday analysis for fun.
As a target, looking at the equal highs above. Entering on the orderflow on the hourly timeframes. Only issue is this is still at premium of the range, so although price has been quite efficient on the way up, i'm curious if price will come to discount regardless before heading up.. if it even heads up in the first place.
Entering off the CS +OB 7h framework.
SL below the wick into the 11h BISI.
Target is BSL DOL.
- R2F
CADJPYCAD/JPY is exhibiting a potential downside move as bearish signals align with key resistance levels and declining momentum. The pair's recent failure to break through suggests selling opportunities, especially with risk-off sentiment impacting CAD strength. Monitoring for a confirmation of reversal can reinforce this short setup
CADCHF Strong short-term buy signal.The CADCHF pair is about to test its 4H MA50 (blue trend-line) as it is coming off a 2-month Support Zone rebound. A break above the Channel Down would confirm the buy signal but with the price within a consolidation Rectangle pattern, the risk of buying after a Support rebound is low.
At the same time, the 4H RSI also rebounded exactly on its 30.00 oversold barrier. Similar rebounds have delivered at least a +1.37% rise, so at this stage our Target is 0.62700.
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CADCHF - UniverseMetta - Signal#CADCHF - UniverseMetta - Signal
W1 - May form a triangle in continuation of the 5th wave.
D1 - Exit from a narrowing channel It is better to reduce risks to avoid false breakouts. Stop behind the nearest maximum.
Entry: 0.62160
TP: 0.61809 - 0.61274 - 0.60022 - 0.58695
Stop: 0.62920
CADCHF - Look for a sell !!Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
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CADCHF - 4hrs ( Sell Trade Target Range 120 PIP ) 🟢 Pair Name :CAD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Short ) Bearish After Break Out
Type : Mid Term Swing
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Bearish Break
0.62250 Area
Reasons
- Major Turn level
- Visible range Hvn
- Channel Break
- Month low Break
- Day low Break
- Fibo Golden / Break
Bullish Reversal
0.60750 Area
Reasons
- Fibo Golden
- Pattern Target
- Quarter low
- High Volume
- Major Counter Trend
CADCHF | COULD BE A GOOD SELL TRADEHey Traders! 👋
I'm eyeing a potential drop in CADCHF! It’s been lingering around a key pivot level, which is likely turning into strong resistance. All three moving averages are sitting above the price, adding to the bearish momentum, and we've also got a clean triangle break on the 4H chart confirming this bearish bias. Plus, recent CAD news came out negative, backing up this setup even more.
General Guide:
🎯 TP1: 20-30 pips
🎯 TP2: 60-100 pips
🎯 TP3: 160 pips or down to the recent bottom
Please note, these ideas are shared for analysis purposes only. For more insights, feel free to check my profile—appreciate the support! 😊